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Allied Market Research is a global market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”.

UV Disinfectant Equipment Market Banks On New Technologies

The UV disinfectant equipment market has matured over past few years. Sector is now regulated and dominated by big water companies.

Over the past six years UV disinfectant equipment market has been observing rapid growth. Development of advanced technologies over the years sets a perfect example of a sector that is investing constantly to serve the market demands. In this sector need for cost -effective and eco-friendly disinfectant technology has resulted in an intense competition between prominent vendors. Rising adoption rate mainly in the water plants proves that it is no longer a developing industry but is now a technology can be used in routine operations by engineers to protect human health. Thus key market players are favouring continuous change and discovering new applications.

Virtually all prominent innovators and entrepreneurs in the sectors have been taken over by big giants. Some of these multi -product and economically matured companies investing generously are Siemens, Halma and Danaher. This has introduced a greater level of stability. This has also lead to the creation of high quality product offerings and has improved delivery. In addition, newly acquired start-ups are working hard to justify the investments made by the big giants. Standard acceptance of UV especially in countries like United States to treat drinking water signals a dramatic shift in the adoption rate of the technology. Furthermore, with regulatory standards required for validating a new reactor in place, the industry would soon be seen generating huge profits.

UV Disinfectant Equipment Market Growth Fuelled by Technology

Application of computational fluid dynamic modelling is said to have enhanced manufacturers’ competency to zero in on the level of treatment needed for unique waters - with confidence. This they perform with their proprietary devices. In addition, the conventional UV technology is also improving. Industry experts believe that the medium pressure lamps are here to stay. They further add that these lamps are seeing growth mainly in the energy efficiency space. Another technology known as the new UV light source including the LEDs is the technology of the future. Besides exhibiting superior power capabilities, attributes like long lamp life and its point – source nature has increased its demand and market value. Next in the list is yet another technology that uses microwaves in order to energize a lamp but without using electrodes. Over the past few years the demand for ultra violet sensor technology has improved tremendously. Today, they come with stable, efficient as well as germicidally accurate sensors. Besides this, a highly regulated calibration standard has further kept their future bright.

Eyeing the major breakthrough in the industry, Allied Market Research has published a report titled “World UV Disinfection Equipment Market - Opportunities and Forecasts, 2013 – 2020.” Study on World UV Disinfection Equipment Market enables business owners understand the statistics associated with growth rate, market share and size, supply, demand , drivers and trends . The research outlines the future trends that will empower the stakeholders to make smarter decisions.

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Contactless
Payments Market by Device Type and Industry Vertical: Global
Opportunity Analysis and Industry Forecast, 2017-2023, the global contactless
payments market was valued at $6,734 million in 2016, and is projected to reach
at $25,565 million by 2023, growing at a CAGR of 21.2% from 2017 to 2023. In
2016, the mobile devices segment accounted for the highest revenue share in the
contactless payments market.

Consumers as well as enterprises have increasingly adopted
number of ways for convenient and secure payments. One of such medium is a
contactless system that has revolutionized the retail and transportation
industries in the past few years. Get the PDF brochure of this market
insight: https://www.alliedmarketresearch.com/request-sample/2513
The global contactless payments market is driven by
convenience in processing low-value payments, increased revenue opportunities,
and reduced transaction time. However, high costs involved for the deployment
of EPOS terminals and lack of t…